VMI: Vendor Managed Inventory Definition & Advantages 2020
VMI, or vendor managed inventory, is an agreement between vendors and buyers to share a little risk, a lot of data & the spoils of inventory management glory.
Dropshipping Definition: How Does Dropping Shipping Work?
Dropshipping is a useful and cost-saving method of order fulfillment. But, what is dropshipping and how do you do it? We can answer that.
Raw Materials Inventory Definition, Formula, and Turnover
Raw materials inventory is where inventory management operations begin. Here's everything you need to know about it, from definition to formula and beyond.
Work In Process Inventory Formula | WIP Inventory Definition
Work in process inventory, AKA work in progress or WIP inventory, can both hurt and help a business. Acquaint yourself with WIP inventory and its many moods.
Safety Stock, Buffer Inventory, and Anticipation Inventory
Safety stock, buffer inventory, and anticipation stock. What's the difference? And why are they so important? Here are all your answers about holding stock.
What Is Manufacturing Inventory? Production Inventory Intro
Manufacturing inventory can be complicated. Manufacturing inventory management is important. Read this post to learn about both.
Merchandise Inventory: What Merchandise Inventory Includes
Smart merchandise inventory management is the difference between a business that thrives and a business that suffers. Here's what it is & why it means so much.
B2B Route Planning Software Vs. Manual Route Mapping
Route planning software is a necessity for today's wholesale B2B distributor. Here are the advantages it brings over manually planning route. They're astounding.
Route Optimization Software: The Ultimate Guide
Any route optimization for a modern B2B wholesaler's distribution needs to be done through route optimization software. The benefits are too numerous to pass up.